Azure Power Global Limited
AZRE
AZRE was delisted on the 12th of July, 2023.
59 hedge funds and large institutions have $859M invested in Azure Power Global Limited in 2022 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 25 increasing their positions, 11 reducing their positions, and 20 closing their positions.
127% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 11
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
11% less funds holding
Funds holding: 66 → 59 (-7)
18% less capital invested
Capital invested by funds: $1.04B → $859M (-$182M)
35% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 20
61% less call options, than puts
Call options by funds: $1.22M | Put options by funds: $3.15M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Legal & General Group
London,
United Kingdom
|
+$10.4M |
| 2 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
+$3.94M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$2.26M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$1.51M |
| 5 |
NIA
NIA Impact Advisors
Berkeley,
California
|
+$1.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Aberdeen Group
Edinburgh,
United Kingdom
|
-$23.4M |
| 2 |
Swedbank
Stockholm,
Sweden
|
-$15.8M |
| 3 |
Franklin Resources
San Mateo,
California
|
-$15.2M |
| 4 |
VIM
Vancity Investment Management
Vancouver,
British Columbia, Canada
|
-$4.3M |
| 5 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
-$3.93M |
AZRE Hedge Fund Activity: Q3 2022 in Review
59 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Azure Power Global Limited (AZRE) for Q3 2022, worth a combined $859M — down 18% from $1.04B a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of AZRE and 13 opened new positions — a net loss of 7 holders — while 11 trimmed existing stakes and 25 added.
The largest buyer was Legal & General Group, adding an estimated $10.4M. The largest seller was Aberdeen Group, exiting entirely with an estimated $23.4M sold.
- 59 institutional investors held Azure Power Global Limited (AZRE) as of Q3 2022, down from 66 in Q2 2022.
- Funds reported $859M of Azure Power Global Limited stock for Q3 2022, down 18% quarter-over-quarter.
- 13 funds opened new Azure Power Global Limited positions in Q3 2022 and 20 closed out, a net change of -7 holders.
- The largest Azure Power Global Limited buyer in Q3 2022 was Legal & General Group, an estimated $10.4M added.
- The largest Azure Power Global Limited seller in Q3 2022 was Aberdeen Group, an estimated $23.4M sold.
Based on aggregated 13F filings for Q3 2022.